Business Maverick associate editor and personal finance editor, Neesa Moodley in conversation with co founder of Naked Insure, Ernest North and CEO and founder of Ami Underwriting Managers (Pty) Ltd, Christelle Colman.
Confusion over grid collapse cover.
Cover of damage related to power surges.
Caps on power surge cover and upgrading your cover amounts.
How power surge claims have risen over the last three years.
Tips when putting in a claim related to loadshedding or power surges.
is spoiled food covered – how do you "prove" that?
Tips to minimise your damage – from simple inexpensive steps (switching everything off) to power surge protectors on your DB board.
Understanding your insurance policy: In-depth analysis of what is typically covered and what isn’t when it comes to loadshedding and power surges.
Preventive measures: Practical, cost-effective steps consumers can take to safeguard their appliances and electronics against power surges.
Importance of regular maintenance: How keeping your electrical systems updated and well-maintained can help prevent damage during loadshedding.
Sharing case studies: Real life examples of claim handling related to loadshedding and power surges could offer practical insight.
Discussing alternative power solutions: Briefly discuss how alternative power solutions like solar panels or generators factor into insurance coverage and unique risks faced here.
Future predictions: Let’s touch upon how ongoing power issues might affect insurance policies and premiums in the future.
Held on Wed 21 June by Daily Maverick, empowered by ABSA.
